How Scummo conned the “quiet Australians”

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Wowsers, check this out from the AFR:

Malcolm Turnbull was advised in a confidential memo in the aftermath of the 2016 election that the property boom was costing the Coalition support in the outer suburbs, regional cities and towns and the government needed to shift political strategy to avoid losing power.

The analysis, by current Energy Minister and former McKinsey management consultant Angus Taylor, compared the election results, seat by seat, with data from the 2011 census and concluded there had been a structural shift in voting patterns influenced by house price increases, according to a new book, The Surprise Party, How the Coalition Went from Chaos to Comeback.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.